HDFC Bank and VinFast Team Up for EV Loans
First-of-its-kind Agreement Aims to Accelerate EV Adoption in One of the World’s Fastest-Growing Markets
Mumbai | 12, August 2025 : HDFC Bank and VinFast have a new deal. They signed a document to help people buy electric vehicles (EVs). This deal also helps dealers with their car inventory. It is VinFast’s first partnership with an Indian bank. The goal is to make it easier for customers and dealers to get credit.
Making EVs Simpler to Own
This new partnership brings together the strengths of both companies. VinFast is a top EV maker. The company will launch its VF 6 and VF 7 cars in India soon. HDFC Bank has many branches and online tools. It will use these to reach customers across the country. The two companies want to make buying an EV simple. They will offer special loan options to many Indian buyers.
A Push for a Green Future
It is easier to sell EVs when financing is easy. Mr. Arvind Vohra of HDFC Bank said this deal is part of the bank’s plan. He says the bank wants to help customers reach their goals. This move also helps VinFast. Their goal is to speed up the use of green vehicles in India. India is one of the fastest-growing EV markets in the world.
Mr. Pham Sanh Chau, the CEO of VinFast Asia, is very happy about the deal. He said working with a trusted bank like HDFC Bank will make electric vehicles more “open, simple, and ready for the future.” This deal shows that HDFC Bank and VinFast are serious about their plans in India.
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